Everpar Advisors LLC Invests $362,000 in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Everpar Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 7,210 shares of the company’s stock, valued at approximately $362,000.

A number of other large investors have also added to or reduced their stakes in JPST. Bank of New York Mellon Corp grew its stake in shares of JPMorgan Ultra-Short Income ETF by 29.5% in the third quarter. Bank of New York Mellon Corp now owns 12,705 shares of the company’s stock worth $638,000 after acquiring an additional 2,892 shares during the last quarter. Brown Advisory Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 23.9% in the third quarter. Brown Advisory Inc. now owns 6,032 shares of the company’s stock worth $303,000 after acquiring an additional 1,164 shares during the last quarter. Verdence Capital Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth $437,000. BluePath Capital Management LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at $26,000. Finally, Park Avenue Securities LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at $311,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST remained flat at $50.29 during midday trading on Wednesday. The stock had a trading volume of 4,658,892 shares, compared to its average volume of 3,910,381. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.93 and a 1 year high of $50.51. The stock’s 50 day moving average price is $50.34 and its 200 day moving average price is $50.30.

JPMorgan Ultra-Short Income ETF Profile

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.